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Author Topic: WYSK - Oil & Gas w/ Big potential
FatherOfTwo
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WYSK -- Wysak Petroleum, Inc.
Com ($0.001)

Address:
Two Union Square
601 Union St.
Suite 4200
Seattle, WA 98101
USA


Website: http://www.wysak.com
Phone: 206-652-3310

Business Description:
Wysak Inc. is a diversified energy company whose goal is to identify and develop traditional fossil fuel sites, as well as clean air energy producing alternatives. These "green energy" targets include, wind generated electricity, ethanol extraction producers and hydroelectric sites. Wysak is presently developing its fossil fuel leases within the state of Wyoming and a commercial Wind Farm in Polan

State of Incorporation: DE

Officers:
Daniel Moar, CEO; Kurt Dalmata, CFO

Outstanding Shares: 54,307,680 as of 2005-02-25

Estimated Market Cap: Not Available

Current Capital Change:
Stk. Div.=5%
Ex-Date: 2005-02-09
Record Date: 2005-02-11
Pay Date: 2005-02-18

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FatherOfTwo
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http://stockcharts.com/def/servlet/SC.web?c=WYSK,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iLb14!La12,26,9]&pref=G

MACD diverging positive, RSI coming out of oversold. pps depressed by selloff after recent 5% dividend.

Great things occuring... check out hteir website: http://www.wysak.com

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Wysak Purchases Another Powder River Oil & Gas Lease
Tuesday June 21, 4:00 am ET

SEATTLE, WA--(MARKET WIRE)--Jun 21, 2005 -- Wysak Petroleum (Other OTC:WYSK.PK - News) announces the acquisition of an additional Federal Oil & Gas Lease in the Powder River Basin of Wyoming. The Lease is located in Weston County, along the eastern side of the Basin.

Wysak will continue to strategically purchase leases in known and proven oil & gas regions such as the Powder River Basin. Through these acquisitions, Wysak will maintain its core objectives of asset expansion, corporate focus and energy diversification.

Wysak Properties

Wysak presently controls two additional leases within the massive CoalBed Methane play area of the Powder River Basin. Other leases include one in the Bighorn Basin region and another in the Green River Basin. Numerous large petroleum and exploration firms operate nearby all these properties; they include ExxonMobil (http://www.exxonmobil.com/corporate), Williams Gas (http://www.williams.com/) and Western Gas (http://www.westerngas.com), among others.

ADVERTISEMENT
About Wyoming Oil & Gas and CoalBed Methane (CBM)

In 2002, Wyoming ranked second in the U.S. in proved reserves of natural gas and seventh in proved reserves of crude oil. Collectively over 26,000 wells produced 54.7 million barrels of oil and 1.75 trillion cubic feet of natural gas. Proved reserves of natural gas were at an all-time high of 18.4 trillion cubic feet, while proved reserves of crude oil were 489 million barrels.

Reserves of CBM in the Powder River Basin are estimated at 31.8 trillion cubic feet. Nearly 100 wells are being drilled each week, and the gas companies say the entire 8-million-acre basin could have 50,000 to 100,000 producing wells before they are finished. This is the largest onshore natural gas play in North America within the last ten years.

About Wysak Petroleum

Wysak is a diversified energy company whose goal is to identify and develop traditional fossil fuel sites, as well as clean air alternative energy producing technologies. Wysak trades in the U.S. under the symbol "WYSK."

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FatherOfTwo
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http://www.casperstartribune.net/news/wyoming/081108ef002a61938725702a006f74f7.txt

Firms push for oil shale help

By JENNIFER TALHELM
Associated Press writer Monday, June 27, 2005

WASHINGTON -- Energy company executives told Congress on Thursday that Colorado, Utah, and Wyoming could become the next Saudi Arabia if they can find a way to extract the billions of barrels in oil shale, a porous rock containing petroleum.

By tapping into oil shale, supporters say, the United States could replace all trans-Atlantic oil imports by 2025.

But they need help from the federal government, which oversees 80 percent of the land where the oil deposits are found.

A key official from Colorado urged Congress to take care, however, and make sure to avoid another boom and bust like the one that hit the state 25 years ago.

The U.S. has done little studying of oil shale development since, cautioned Russell George, Colorado Department of Natural Resources executive director. "We need to get on with it," he said.

Previous methods of extracting energy from oil shale have included setting off deep underground nuclear explosions, which rendered the product too radioactive to use, and mining.

As they consider bills that set the nation's policy regarding which energy sources to encourage, many in Congress are pushing for ways to reduce U.S. reliance on foreign oil.

Some -- including several Republicans from Western states -- want the U.S. to aggressively develop ways to tap oil shale and tar sands.

[/b]Much of the U.S. supply is concentrated in the Green River Basin in northwestern Colorado, northeastern Utah and southern Wyoming.

It is estimated that deposits in Colorado alone contain more than 1 trillion barrels of oil, four times as much as Saudi Arabia.[/b]

Thursday, representatives from energy companies developing oil shale technology said they are poised to be able to process oil shale in environmentally sensitive and economically viable ways.

They urged Congress to encourage its development and expedite a way for them to get started. The Bureau of Land Management already is accepting research and development lease applications for land in the basin.

"We can safely say of our future with regard to oil and gas, it has yet to see its brightest days," subcommittee chairman Rep. James Gibbons, R-Nev., in response to their testimony.

But others have questions.

Environmentalists and farmers are wary because of stories of water and land contamination from aggressive coal-bed methane extraction, another source of energy found in the West. They worry about charging ahead without carefully surveying the potential environmental consequences of harvesting oil shale.

Rep. John Salazar, D-Colo., whose district includes oil shale rich land, has voted against fast-tracking its development, saying he is concerned about the environmental impact.

"We're certainly supportive of developing our energy resources," Salazar said in an interview. "But we have to do it in a responsible way."

Colorado residents in particular are wary because of their last experience with oil shale development in the 1970s. In part because of the energy crisis then, the federal government leased tracts of land in Colorado, Utah and Wyoming and pre-empted local regulations to help oil shale companies that promised to create thousands of jobs and develop a new source of oil.

It all went bust, however, when the oil shale industry collapsed after the oil market went soft in the 1980s.

George, who told the subcommittee he grew up "in the shadow of oil shale development," hopes the federal government will take steps to prevent that boom and bust from happening again, by requiring careful testing of promising technology, providing enough federal financial support for local governments and encouraging private investment over several decades.

The government also must consider that the former oil shale boomtowns have become popular places for retirees and wealthy vacationers.

"That cannot be underestimated if accelerated development is to resume," George said in written testimony.

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FatherOfTwo
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http://www.theunion.com/article/20050623/OPINION/106230057

Peak Oil facts

June 23, 2005

Comment Comments (0) Print Friendly Print Email Email

Before this "Peak Oil" scare gets out of hand, let's review some facts.

According to Department of Energy Reports, Global oil shale resources are estimated to be 2.6 trillion barrels, with 2.0 trillion barrels located in the United States. About 1.5 trillion barrels are located in Utah, Wyoming and Colorado, which is more than a 500-plus year supply.

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http://ogj.pennnet.com/articles/article_display.cfm?Section=ONART&C=DriPr&ARTICLE_ID=230785&p=7

BLM sets conditions for US oil shale work

By OGJ editors
HOUSTON, June 22 -- The US Bureau of Land Management (BLM) announced terms and conditions for oil shale research, development, and demonstration (RD&D) on federal land.

BLM said its aim is "to promote commercially viable and environmentally sound oil shale technology" in the US, which holds more than half of the world's oil shale resources¿the equivalent of 2.6 trillion bbl of oil.

"Developing oil shale can help us increase domestic oil production while reducing our dependence on foreign energy supplies," said Tom Lonnie, BLM's assistant director for minerals, realty, and resource protection.

Oil shale underlies 16,000 sq miles of Colorado, Utah, and Wyoming, 72% of it federal land. Lonnie said US companies "are requesting the opportunity to access public lands to test these new technologies, and the BLM is taking action to facilitate this access."

BLM called on interested parties to nominate public lands for oil shale RD&D activities by Sept. 9.

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FatherOfTwo
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from Barchart:

Today's Opinion:
48% Sell

Yesterday's Opinion:
72% Sell

Last Week's Opinion:
80% Sell

Last Month's Opinion:
80% Sell

This one is at the bottom and ready to move back up! The pps sunk after the dividend just like SUOG!

Announcements coming soon on additional properties! With oil skyrocketing and so much oil available in the Green River Basin, this one is worth alot more than 0.05! In fact, it was trading at .60-.75 before the dividend!

This one reminds me ALOT of AKOL and that went from .003 to .072 within a couple weeks!

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Oil & Gas Property Leases Planned by Wysak
Monday April 25, 9:00 am ET

SEATTLE, WA--(MARKET WIRE)--Apr 25, 2005 -- Wysak Petroleum (Other OTC:WYSK.PK - News) is pleased to report that due diligence is nearly complete in regards to the company's further planned leases in the Wyoming oil region. Management anticipates further news will be forthcoming shortly and will report on developments as they occur.

ADVERTISEMENT
Targets include properties in the Powder River Basin region and Western Wyoming's Green River Basin. Acquisition of energy producing assets has always been the core objective of Wysak's expansion strategy. Wysak will strategically purchase leases in know and proven oil & gas regions so as to fully maximize company assets and shareholder returns.

Wysak Properties

Wysak presently controls one lease in the Bighorn Basin region and another in the Green River Basin. Wysak's other two leases are located within the massive CoalBed Methane play area of the Powder River Basin. Numerous large petroleum and exploration firms operate nearby these properties; they include ExxonMobile, Williams Gas and Western Gas, among others.

About Wyoming Oil & Gas and CoalBed Methane (CBM)

Wyoming State has billions of dollars in proven oil and gas reserves. In 2002, Wyoming ranked second in the U.S. in proved reserves of natural gas and seventh in proved reserves of crude oil. Collectively over 26,000 wells produced 54.7 million barrels of oil and 1.75 trillion cubic feet of natural gas. Proved reserves of natural gas were at an all-time high of 18.4 trillion cubic feet, while proved reserves of crude oil were 489 million barrels.

Reserves of CBM in the Powder River Basin are estimated at 31.8 trillion cubic feet. Nearly 100 wells are being drilled each week, and the gas companies say the entire 8 million-acre basin could have 50,000 to 100,000 producing wells before they are finished. This is the largest onshore natural gas play in North America within the last ten years.

About Wysak Petroleum

Wysak is a diversified energy company whose goal is to identify and develop traditional fossil fuel sites, as well as clean air alternative energy producing technologies. Wysak trades in the U.S. under the symbol "WYSK."

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Wysak Petroleum Examines Wyoming Properties
Friday March 18, 9:00 am ET

SEATTLE, WA--(MARKET WIRE)--Mar 18, 2005 -- Wysak Petroleum (Other OTC:WYSK.PK - News) reports its intention to further review a potential work program subject to thorough and favorable due diligence on its four Wyoming State and Federal leases. Wysak feels theses properties could give the company an optimum exposure to the enormous petroleum reserves which lies within Wyoming's land basins.

Wysak controls one Federal lease in the Bighorn Basin region and another in the Green River Basin. The two State leases are located 45 miles apart within the massive CoalBed Methane play area of the Powder River Basin. Numerous large petroleum and exploration firms operate nearby these properties; they include ExxonMobile Williams Gas and Western Gas among others.

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FatherOfTwo
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From Amer bulls site:

WYSAK PETROLEUM INC
Daily Commentary

Our system posted a BUY-IF today. The previous SELL recommendation that was confirmed was made on 06.15.2005 (12) days ago, when the stock price was 0.0500. Since then WYSK has gained 0.00% .

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stockaholic
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You do some great dd FOT. Are you in this yet?
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FatherOfTwo
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I bought in at 15:31 today! I told you all (maybe on another thread) that I would have some free time this weekend to do some extensive DD... and here it is!

[Big Grin]

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FatherOfTwo
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50K share trade at the ask right at close! Could be a good sign for tomorrow!

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Well it's good stuff and I for one appreciate it. I'm definitely going to watch this and hopefully pick up about 30,000 tomorrow.
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FatherOfTwo
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Oil and Gas is a great place to be right now... especially since OIL traded over $60/bbl today!

Companies are going to be pumping money into other areas of oil explortation..mainly Oil Shale recovery, because it represents such a huge quantity of untapped oil!

And now that Congress is getting involved (especially Sen Hatch - Utah) and pushing the development of new technologies, through tax breaks and the loosening of regulations and opening of federal land for exploration, any companies that are involved in the 3 state region are going to do really well!

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FatherOfTwo
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I contacted PacWest Transfer (540) 351-1603 and spoke with Beth...

The current O/S for WYSK is 54,407,680, which is the same as was reported to Pinksheets on 02/25/2005.

With a little buying pressure, this one should SKYROCKET

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FatherOfTwo
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United States Of America

It is estimated that nearly 62% of the world’s potentially recoverable oil shale resources are concentrated in the USA. The largest of the deposits is found in the 42 700 km2 Eocene Green River formation in north-western Colorado, north-eastern Utah and south-western Wyoming. The richest and most easily recoverable deposits are located in the Piceance Creek Basin in western Colorado and the Uinta Basin in eastern Utah. The shale oil can be extracted by surface and in-situ methods of retorting: depending upon the methods of mining and processing used, as much as one-third or more of this resource might be recoverable. There are also the Devonian-Mississippian black shales in the eastern United States.

Data reported for the present Survey indicate the vastness of US oil shale resources: the proved amount of shale in place is put at 3 340 billion tonnes, with a shale oil content of 242 billion tonnes, of which about 89% is located in the Green River deposits and 11% in the Devonian black shales. Recoverable reserves of shale oil are estimated to be within the range of 60-80 billion tonnes, with additional resources put at 62 billion tonnes.

Oil distilled from shale was burnt and used horticulturally in the second half of the 19th century in Utah and Colorado but very little development occurred at that time. It was not until the early 1900’s that the deposits were first studied in detail by USGS and the government established the Naval Petroleum and Oil Shale Reserves, that for much of the 20th century served as a contingency source of fuel for the nation’s military. These properties were originally envisioned as a way to provide a reserve supply of oil to fuel US naval vessels.

Oil shale development had always been on a small scale but the project that was to represent the greatest development of the shale deposits was begun immediately after World War II in 1946 - the US Bureau of Mines established the Anvils Point oil shale demonstration project in Colorado. However, processing plants had been small and the cost of production high. It was not until the USA had become a net oil importer, together with the oil crises of 1973 and 1979, that interest in oil shale was reawakened.

In the latter part of the 20th century military fuel needs changed and the strategic value of the shale reserves began to diminish. In the 1970’s ways to maximise domestic oil supplies were devised and the oil shale fields were opened up for commercial production. Oil companies led the investigations: leases were obtained and consolidated but one-by-one these organisations gave up their oil shale interests. Unocal was the last to do so in 1991.

Recoverable resources of shale oil from the marine black shales in the eastern United States were estimated in 1980 to exceed 400 billion barrels. These deposits differ significantly in chemical and mineralogical composition from Green River oil shale. Owing to its lower H:C ratio, the organic matter in eastern oil shale yields only about one-third as much oil as Green River oil shale, as determined by conventional Fischer assay analyses. However, when retorted in a hydrogen atmosphere, the oil yield of eastern oil shale increases by as much as 2.0-2.5 times the Fischer assay yield.

Green River oil shale contains abundant carbonate minerals including dolomite, nahcolite, and dawsonite. The latter two minerals have potential by-product value for their soda ash and alumina content, respectively. The eastern oil shales are low in carbonate content but contain notable quantities of metals, including uranium, vanadium, molybdenum, and others which could add significant by-product value to these deposits.

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FOT, Didnt these guys recently use some paid pumpers and then dump some shares? They issued a PR about 2 potential leases and then never followed up on them?

JMHO... This may be the bottom for these guys and a good short term swing trade but I wouldnt think long term. I worry about any company that goes down from .75 to .04 in a few months. Oil prices have been rising all year, I dont know why the pps would be dropping like a brick?

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FatherOfTwo
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I believe the pps sank after they issued the 5% dividend.... everyone held on for the dividend and then they sold it shortly thereafter to play other stocks!

Look at the chart:

http://stockcharts.com/def/servlet/SC.web?c=WYSK,uu[w,a]daclyyay[dc][pb50!d20,2!f][vc60][iLb14!La12,26,9]&pref=G

From Pinksheets:
Current Capital Change:
Stk. Div.=5%
Ex-Date: 2005-02-09
Record Date: 2005-02-11
Pay Date: 2005-02-18

The pps started falling after the pay date on 2/18/05. I see this as a classic selloff causing more selling thus dropping the pps artificially. The exact same thing happened to SUOG and it dropped from .15 all the way down to .035 and it went from .04 to .145 with a larger O/S.

I agree with you that this is a short term play (3-4 weeks max) and that is probably the length of time that I would look to put my money here.

I am simply bringing forward a company that I think is undervalued at this time and with the current oil and gas market in the state that it is in, I see this as having more reward than risk associated with it. I have posted plenty of DD for you and everyone else here to make their own investment decisions. I simply see this as a great way to increase my portfolio, and if I am correct, I hope that other here can profit from my bringing this company to the board!

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Can't argue the short term trade potential. As usual you found another good one. I gave up watching these guys back in April when the floor dropped out from .20 to .10

Like most of the people on the board I really appreciate all the picks and DD you post.

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If you made money, it was a good trade

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To help WYSK diversify thier own energy portfolio, they also have their hands in clean energy such as wind....specifically, a large project in Poland. Here is a link to their PR discussing this as well as some additional reading on Europe's Clean Energy philosophy:

http://biz.yahoo.com/pz/050330/75289.html
http://www.earth-policy.org/Updates/Update37.htm

Europe Leading World Into Age of Wind Energy

Lester R. Brown

Europe is leading the world into the age of wind energy. In its late 2003 projections, the European Wind Energy Association (EWEA) shows Europe's wind-generating capacity expanding from 28,400 megawatts in 2003 to 75,000 megawatts in 2010 and 180,000 megawatts in 2020. By 2020, just 16 years from now, wind-generated electricity is projected to satisfy the residential needs of 195 million Europeans, half of the region's population.

Wind-generating capacity worldwide, growing at over 30 percent per year, has jumped from less than 5,000 megawatts in 1995 to 39,000 megawatts in 2003, an increase of nearly eight fold. Among fossil fuels, natural gas leads with an annual growth rate of just over 2 percent during the same period, followed by oil at less than 2 percent, and coal at less than 1 percent. Nuclear generating capacity expanded by 2 percent.

The modern wind-generating industry was born in California during the early 1980s, but the United States, which now has 6,300 megawatts of generating capacity, has fallen behind Europe in adopting this promising new technology. Germany overtook the United States in 1997; within Europe, it leads the way with 14,600 megawatts of generating capacity. Spain, a rising wind power in southern Europe, may overtake the United States in 2004. Tiny Denmark, which led Europe into the wind era with the development of its own wind resources, now gets an impressive 20 percent of its electricity from wind. It is also the world's leading manufacturer and exporter of wind turbines. (See data).

After developing most of its existing 28,400 megawatts of capacity on land, Europe is now tapping offshore wind resources as well. A 2004 assessment of Europe's offshore potential by the Garrad Hassan wind energy consulting group concluded that if Europe moves more aggressively to develop its vast offshore resources, wind could be supplying all of the region's residential electricity by 2020.

The United Kingdom is moving fast to develop its offshore wind capacity. In April 2001, it accepted bids for sites designed to produce 1,500 megawatts of wind-generating capacity. In December 2003, the government took bids for 15 additional offshore sites with a generating capacity that could exceed 7,000 megawatts. Requiring an investment of over $12 billion, these wind farms off the east and northwest coasts of England, the north coast of Wales, and in the shallow waters of the Thames estuary could satisfy the residential electricity needs of 10 million of the country's 60 million people.

The push to develop wind in Europe is spurred in part by concerns about global warming. The record heat wave in Europe in August 2003 that scorched crops and claimed 35,000 lives has accelerated the replacement of climate-disrupting coal with clean energy sources.

Wind is appealing for several reasons. It is abundant, cheap, inexhaustible, widely distributed, clean, and climate-benign, a set of attributes that no other energy source can match. When the U.S. Department of Energy (DOE) released its first wind resource inventory in 1991, it pointed out that three wind-rich states—North Dakota, Kansas, and Texas—had enough harnessable wind energy to satisfy national electricity needs. Those who had thought of wind as a marginal source of energy obviously were surprised by this finding.

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I forgot... another thing I really like about the chart from a T/A perspective is:

http://stockcharts.com/def/servlet/SC.web?c=WYSK,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iLb14!Le12,26,9]&pref=G

1) The bolli bands are starting to get nice and tight
2) Coming out of oversold without a huge spike in pps.. nice slow steady climb building a great base here!
3) Today's pps completely crossed the 20dma. and is getting ready to cross upper bolli band
4) The L2's are pretty thin on the ask. with a little pressure, it will go up quick
5) The next resistance is not until .085 and after that, not until about .17! [Big Grin]

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dreamer_rick
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what is the entry price FOT

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Dreams are not goals if you don't take an action

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FatherOfTwo
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I am in at .048! I believe that like SUOG, a target of 4x where it is now is not unrealistic....

my exit is .15 to .20!

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FatherOfTwo
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Older article....

Federal Land Managers Ordered to Ease Limits on Gas and Oil by Bush


WASHINGTON, Aug. 8 – The Bush administration has directed federal land managers to begin removing obstacles to oil and gas development in parts of five Rocky Mountain states.

Directives issued last week to state directors of the Bureau of Land Management give them the tools to put into effect the administration's longstanding goal of opening the Rocky Mountain West to increased oil and gas development. Offices in Colorado, Montana, New Mexico, Utah and Wyoming, have until Dec. 31 to decide on removing the limits.

"Our overall objective is to ensure the timely development of these critical energy resources in an environmentally sound manner," the director of the bureau, Kathleen Clarke, said in a statement.

Environmentalists say the policies are another step in White House efforts to give energy development priority over conservation.

"This policy shifts the land management equation in favor of drilling and automatically assumes that oil and gas production is the top value of public lands," said Dr. Pete Morton, a resource economist with the Wilderness Society.

The bureau manages 261 million acres of federal land, most of it in 12 Western states. In April 2001, Vice President Dick Cheney's energy panel made a goal of removing limits on energy development in the Rockies. A month later, President Bush ordered federal agencies to accelerate the completion of energy projects while maintaining safety, health and environmental protections.

A deputy director of the bureau, James M. Hughes, said the policy directives aimed to use new oil and gas figures from the United States Geological Survey. Mr. Hughes, who sent out the directives, said: "We're saying, `We've got that report, folks. Let's use it in our land-use plans.' "

Jim Sims, the executive director of the Western Business Roundtable who was on the staff of Mr. Cheney's energy panel, said the new policies should give managers the flexibility they need to address energy needs in an environmentally sensitive way.

"You can have environmentally sound energy development, and that's what we need to have more of," Mr. Sims said. "A lot of these restrictions and lease stipulations are outdated. Some of them are very, very old, and in the intervening time, production technology has grown by leaps and bounds."

The geological study released this year found 3.9 billion barrels of recoverable oil and 139 trillion cubic feet of natural gas in five Rocky basins. The report stated that there were no significant restrictions on drilling for 57 percent of the oil and 63 percent of the gas.

The changes focus on regions in the five states with the highest oil and gas concentrations. They include parts of the Green River and Powder River Basins in Wyoming, where the administration has proposed drilling 39,400 coal-bed methane wells; the Montana Thrust Belt; the Uinta Basin and the Ferron Coal Trend in eastern Utah; the Piceanace Basin in western Colorado; and the San Juan Basin in northern New Mexico.

Gail Abercrombie, executive director of the Montana Petroleum Association, said the changes could save time by avoiding duplicate environmental studies and other reviews.

The directives instruct state directors to consider environmental rehabilitation away from drilling as helping the environmental effects.

"They're prepared to sacrifice these areas where they want to go in and drill," Sharon Buccino, a lawyer at the Natural Resources Defense Council, said. "The whole purpose of mitigation is to try to limit the impact of the project you're doing."

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A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)

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FatherOfTwo
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SENATE PASSES BIPARTISAN ENERGY BILL 85-12

HIGHLIGHTS OF THE BIPARTISAN ENERGY BILL


The bipartisan Senate energy bill contains the following key provisions to increase production, increase conservation, diversify fuel supply and employ new technologies:



• An ethanol mandate requiring fuel manufacturers to use 8 billion gallons of ethanol in gasoline by 2012.

• A strong federal program to design and deploy clean coal technologies so America can continue to use its 250-year supply of coal while protecting our air and water.

• An ambitious efficiency and conservation program that sets first-time efficiency standards for 14 large appliances and raises the efficiency standards for others.

• Provisions to encourage the expansion and modernization of the electricity grid as well as new federal reliability rules designed to prevent future blackouts.

• A hydrogen research program in conjunction with federal labs, universities and auto manufacturers to design hydrogen cars.



• A fuel-savings provision requiring the federal government devise a plan to save 1 million barrels of oil a day by 2015.

• A federal renewable portfolio standards provision that requires electric suppliers to acquire 10% of their supplies from renewable resources such wind, solar, geothermal, biomass or ocean by 2020.

• A federal loan guarantee program to encourage the design and deployment of innovative technologies such as coal gasification and advanced nuclear power plants aimed at diversifying and increasing energy supply while protecting the environment.

• A Sense of the Senate that Congress should enact a comprehensive and effective national program of mandatory, market-based limits and incentives on emissions of greenhouse gases that slow, stop and reverse the growth of such emissions.

• A Climate Technology program that directs the Secretary of Energy to lead an inter-agency process to develop and implement a national climate technology strategy. This provision also establishes an executive branch Climate Coordinating Committee and Climate Credit Board to assess, approve and fund these projects. Using greenhouse gas intensity as a measure of success, the bill creates incentives for innovative technologies and encourages partnership with other developing nations.

Provisions to streamlining of oil and gas development on existing federal lease sites to bring the fuels to market sooner.

• An inventory of oil and gas resources on the Outer Continental Shelf that to enable to the federal government to better manage these resources.

• Instructions to the federal government to look for ways to improve Corporate Automobile Fuel Efficiency standards while taking into consideration the impact on automobile safety, jobs and the economy.

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FatherOfTwo
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Here is the website:

http://energy.senate.gov/public/index.cfm?FuseAction=PressReleases.Detail&PressRelease_id=234719&Month=6&Year=2005

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FatherOfTwo
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The bollis are getting really tight now!

http://stockcharts.com/def/servlet/SC.web?c=WYSK,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iUb14!Le12,26,9]&pref=G

with only 54mill O/S, when they release their next PR, it should send this flying!

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jake_the_snake
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Hey FOT!!
Are you still in GRYF??

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FatherOfTwo
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jake...
I am holding... news is expected soon! Once GRYF pops... I will put some profits here... with Oil & Gas expected to stay at record prices throughout the summer, this one is going to go too! This company has land in the best coal bed methane and oil shale territories in the US!

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A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)

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FatherOfTwo
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I guess I am the only one in this!?!

VERY LOW volume today! 20 day AVG volume is 500K... compared to TBLU which is 115K

I see the down trend is broken and the pps touching the upper bolli band should indicate a possbile breakout and trend reversal!

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A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)

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sonic0boom
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don't worry, FoT, I'm sure you'll have company AFTER it pops [Smile]
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Upcoming news.....

Oil & Gas Property Leases Planned by Wysak
Monday April 25, 9:00 am ET

SEATTLE, WA--(MARKET WIRE)--Apr 25, 2005 -- Wysak Petroleum (Other OTC:WYSK.PK - News) is pleased to report that due diligence is nearly complete in regards to the company's further planned leases in the Wyoming oil region. Management anticipates further news will be forthcoming shortly and will report on developments as they occur.

Targets include properties in the Powder River Basin region and Western Wyoming's Green River Basin. Acquisition of energy producing assets has always been the core objective of Wysak's expansion strategy. Wysak will strategically purchase leases in know and proven oil & gas regions so as to fully maximize company assets and shareholder returns.

Wysak Petroleum Examines Wyoming Properties
Friday March 18, 9:00 am ET

SEATTLE, WA--(MARKET WIRE)--Mar 18, 2005 -- Wysak Petroleum (Other OTC:WYSK.PK - News) reports its intention to further review a potential work program subject to thorough and favorable due diligence on its four Wyoming State and Federal leases.

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CashCowMoo
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TO THE MOOON!

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It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so.

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sonic0boom
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I think my 1010 trade just now will push this over ... [Big Grin]
Posts: 178 | From: houston | Registered: Mar 2005  |  IP: Logged | Report this post to a Moderator
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